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Definitions

second mortgage



Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

With the loans consolidated, the payments are “doable,” he said, though he describes them as a second mortgage.

From MarketWatch • Mar. 27, 2026

They used crowdfunding and took out a second mortgage on their home to scrape together $100,000 to pay for the procedure, setting $55,000 aside in what they thought was a safe escrow account.

From The Wall Street Journal • Oct. 22, 2025

Most recently, season 17 contestant Lexi Love said she took out a second mortgage to pay for her outfits for the show.

From Salon • Jun. 3, 2025

Her father, a machinist originally from Appalachia, gave her $1 for every poem she memorized, put a second mortgage on the family home to pay her college costs and wept at her graduation.

From Los Angeles Times • Apr. 30, 2024

A big source of its growth had been the second mortgage.

From "The Big Short" by Michael Lewis